Waiting for the Biden Bailout:Liberal states refuse to cut spending as they wait for 2021 – Wall Street Journal

Last week Illinois Democrats approved a $43 billion budget—6% larger than last year’s—that includes a $261 million pay raise for state workers. The budget authorized $5 billion in borrowing to fill a deficit until Speaker Pelosi’s Operation Bailout arrives. This week the Prairie State become the first to tap the Federal Reserve’s new state and local government facility after it tried and failed to borrow $1.2 billion in the bond market. Illinois and its cities have already received $8.3 billion from Congress’s previous three relief bills.